Friends,
We have received a show cause notice from MCA where they are seeking our reply on the matter that Directors have not mentioned their DIN in Directors report, Notice, Balance Sheet & P/L after their signatures.
Can you please provide us any suitable suggestions regarding this matter to avoid any penalties.
Friends,
We have received a show cause notice from MCA where they are seeking our reply on the matter that Directors have not mentioned their DIN in Directors report, Notice, Balance Sheet & P/L after their signatures.
Can you please provide us any suitable suggestions regarding this matter to avoid any penalties.
Dear Members,
The Independent Director failed to register on the Independent Directors Databank as on 31/12/2020 which was the last day to register.
Now they have received email to give declaration that they were not serving as an Independent Director in any Public Company as on 1st December 2019 which they cannot be given.
What is the solution so that they can now register themselves?
Please help. Thank you in advance.
query
databank
director
independent
Dear Friends,
an application for shifting of registered office filed with regional director Chennai is rejected without giving any reason.
Please advise what are the options and also advise where to appeal against this order.
Dear Members,
Can CS of a company attend the Independent directors meeting of that company to assist them..
meeting
directors
independent
In case of Private Company, Section 196(4) and 196(5) of Companies Act, 2013 is not applicable.
Therefore, whether appointment/reappointment of MD and WTD is sufficient through passing of Board Resolution only OR a general meeting is required to be conducted in addition to the Board meeting to effect the appointment/reappointment ?
Opinions are invited in this regard please.
director
time
whole
appointmentreappointment
Can a Private Limited Company give loans to its Directors.
01. No other body corporate has invested any money in the Share Capital of the Company;
02. The borrowings from Banks and Financials Institutions is less than twice the Paid Up Share Capital of the Company; and
03. The Company has not defaulted in repayment of such borrowings.
Dear Members,
In case of Private Company, Section 196(4) and 196(5) of Companies Act, 2013 is not applicable.
Therefore, whether appointment/reappointment of MD and WTD is sufficient through passing of Board Resolution only OR a general meeting is required to be conducted in addition to the Board meeting to effect the appointment/reappointment ?
Opinions are invited in this regard please.
director
time
whole
appointmentreappointment
Dear Learned Members,
Can private company pay pension to its retired directors (retired due to age, not otherwise)? I have not seen any upfront restriction in Companies Act. However if any one of you have done this in practice, please guide.
Dear Members,
In order to regularise the additional director appointed we have passed a resolution in the AGM held on 31/12/2020 whether the same needs an DIR-12 to be filed and if yes what is the purpose that i have to opt for in filing the DIR-12
director
additional
regularisation
Respected member,
Does an employee of a company appointed on the board mandatorily be designated as whole time director? Can we simply designate him as an 'executive director' in the RoC filings?
Dear CC Members,
Why is the rotation of directors done?
Please share your reasons.
